Armada Mezzanine Fund IV has provided growth financing to Holmes Place Germany, a portfolio company of Auctus Capital Partners (“Auctus”). The financing will be used in connection with add-on acquisitions and green-field expansion in Germany.
Holmes Place Group is one of the leading European premium fitness chains. The clubs are differentiated through a broad service offering, premium ambience with modern equipment and wellness & SPA areas.
“It is an interesting opportunity for us to provide this growth financing in Germany and we have great confidence in both management and the Auctus’ team. The investment is a good addition to our portfolio due to Holmes Place’s strong market position, the attractive growth potential as well as the healthy and stable underlying market”, says Jan Wiklund, Joint Managing Partner of Armada Mezzanine.
For more information, please contact:
Jan Wiklund tel. +46 70 551 4054, Johan Svensson +46 70 360 6553 or Jan-Christoph Wöber +46 70 019 7400 at Armada Mezzanine Capital Oy, Stockholm branch.